Depends what up mean by best.
My personal favourite is steel. It has better ductility than both Ti an Al, so less is needed in the first place.
Various grades suit different purposes, so I'd hesitate to suggest 853 is "best" when it's know where near as hard as cheapo Mangalloy, which is steel with 13ish% magnesium.
My favourite general purpose steel is 4130 chromo which is reasonably priced and a good performer, but other steels are superior for particular specialist applications.
Aluminium is a highly inappropriate material for a quality frame. It's ductile limit is a fraction of steels which gives it a limited effective life compared to steel.
Composites are great, but are too fragile for MTB use, and they can suffer aged related issues.
Ti. Strong, light, but quite flexible compared to steel making it an inferior choice for load bearing applications. Bit works just fine but steel actually performs better than Ti in frames, skewers etc. by jolly can it look nice though.
Of course, I'm ignoring economics, market forces, fashion etc and just concentrating on the performance characteristics of each material.